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BBCNEWS The July 5, 2024

$55.8 billion. that was the record pay day for elon musk in 2018. but today a judge in the us state of delaware said it should be scrapped. the pay deal was the biggest ever in us corporate history and propelled mr musk to the top of the list of the world s richest people. butjudge kathaleen mccormick said the payout was unfathomable . and could put his title as the world s richest man at risk. figures from bloomberg and forbes suggest his net worth is between $198 billion and $220 billion. the pay was from his electric car company tesla and was linked to performance targets, such as tesla s share price and profitability. and if you look at that measure well, the value of the company did soar, topping $1 trillion in 2021, up from $50 billion when the pay deal was originally negotiated. mr musk sold a large chunk of tesla to buy twitter. meaning how owns around 13% of the electric carmaker. cancelling his pay deal means he also misses out on more than 300 million te ....

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MSNBCW Ana July 5, 2024

exactly. all right. thank you all very much. ana cabrera picks up the coverage right now. right now on ana cabrera reports, five big tech ceos about to facing a grilling. they re set to focus on capitol hill in moments. are they prepared to make real change as cases of exploitation online skyrocket. house republicans move closer to something that hasn t been done in more than a century, impeaching a sitting cabinet member. do they have any real chance of ousting dhs secretary alejandro mayorkas with such a slim majority. president biden s plan to retaliate after a drone strike killed three american soldiers in jordan. new details on the response that could last weeks. thanks so much for being here. it is 10:00 eastern. i m ana cabrera reporting from new york. we want to take you right to capitol hill where five of the top tech ceos in the world are about to testify before the senate judiciary committee, a topic is one that really matters to so many of us. ch ....

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BBCNEWS The July 5, 2024

payment rights on the social media platform. to discuss all this i ll be joined by the political analyst and democratic party strategist mary anne marsh and philip rycroft the former permanent secretary at the uk s department for exiting the eu. the bosses of five major tech firms have been testifying at a senate hearing about what they re doing to protect children from online sexual exploitation. the five have faced some fiery questions, with meta boss mark zuckerberg being asked what the hell were you thinking? over an instagram prompt directing users to possible child abuse material. mark zuckerberg and the boss of tiktok voluntarily agreed to testify, but leaders of snap, x formerly twitter and discord initially refused and were sent subpoenas, forcing them to appear. all have hundreds of millions of young users. senators are particularly worried about a rise in reports of explicit images of children being shared, including those created with artificial inte ....

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